Type:Notice
Citation:90 FR 18719
Reading Time:about a minute or two
Cboe Exchange, Inc. proposed a change to its rules to allow the listing and trading of options on Commodity-Based Trust Shares. The proposal was filed with the Securities and Exchange Commission (SEC) and published for public comment. Normally, the SEC has 45 days to decide on such proposals, but it extended the period to June 17, 2025, to have more time to consider it. This decision was made to ensure a thorough review of the proposed change.
Simple Explanation
The Cboe Exchange wants to make a change to let people trade options based on certain types of commodities, like gold or oil. The group in charge of making sure this is okay, the SEC, asked for more time to think about it, so they will decide by June 17, 2025.